Regulatory Alerts2026-01-09
CMA Circular No. 01/2026: Roll Out of the New Financial Reporting System for the Submission of Risk Based Capital Adequacy Returns
The Capital Markets Authority has introduced a new electronic reporting system for the submission of Risk Based Capital Adequacy (RBCA) returns and financial statements, effective January 9, 2026. Licensed market intermediaries must now utilize the designated online portal for all periodic filings, maintaining the existing submission deadlines of fifteen days for monthly reports and three months for annual audited statements. Stakeholders are directed to access the new portal via the official link and contact the Authority's financial analysis department for technical assistance.
CMA CIRCULAR NO. 01/2026
January 9, 2026
TO: ALL MARKET INTERMEDIARIES
RE: ROLL OUT OF THE NEW FINANCIAL REPORTING SYSTEM FOR THE SUBMISSION OF RISK BASED CAPITAL ADEQUACY RETURNS
The Capital Markets (Licensing Requirements) (General) Regulations, 2002, the Guidelines on Financial Resource Requirements for Market Intermediaries and the Capital Markets (Online Foreign Exchange Trading) Regulations 2017 require licensed market intermediaries to prepare and submit Risk Based Capital Adequacy (RBCA) returns and a full set of financial statements periodically and within the prescribed timelines. These submissions include;
a) Monthly RBCA returns and corresponding management accounts which are to be prepared and submitted within fifteen days of the end of each calendar month, b) Annual submission comprising of RBCA returns and audited financial statements which are to be prepared and submitted within three months following the end of the financial year.
Submission of the above returns are to be made electronically through an online reporting system provided by the Authority.
The purpose of this Circular is to provide guidance on the rollout of a new reporting system, which replaces the current online submission portal effective January 9, 2026. This new system is accessible through the link https://onlineservices.cma.or.ke/
You are therefore advised to make your submission of RBCA returns and related financial statements through the new system within the prescribed timelines. Kindly ensure compliance and do not hesitate to contact the Authority through financialanalysis@cma.or.ke in case you require further clarification.
Yours faithfully,
FCPA Wyckliffe Shamiah, MBS CHIEF EXECUTIVE OFFICER